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1027800+ entries in 0.684s
JohnSmith777: Satoshi Dice on the other hand is very profitable.
mircea_popescu: neither does Luke-Jr sell bitcoins. is his pool gonna take over btc too ?
mircea_popescu: this is the first time i've geard "only 10%" in the process of this ipo
JohnSmith777: It's only 10% of the company.
mircea_popescu: the money it makes goes back into the ecosystem
mircea_popescu: actually the fact that it's available for sale to the public eliminates that.
BTC-Mining: Evoorhees/investors will probably sell those coins...
JohnSmith777: So after thinking this through
JohnSmith777: Satoshi Dice has the potential to rule the Bitcoin world if it hoards enough coins.
Azelphur: guess I'll have to deposit 38 lol
mircea_popescu: i guess should put a leading zero there one of these days
Azelphur: I have 39.3 B and just tried to deposit 39, but it wants me to deposit 39.95 to identify haha
gribble: Best bid: 10.5336, Best ask: 10.618, Bid-ask spread: 0.08440, Last trade: 10.53572, 24 hour volume: 37252, 24 hour low: 10.2, 24 hour high: 10.6188
mircea_popescu: BTC-Mining now that's really problematic.
BTC-Mining: No, They're still there
mircea_popescu: maybe those orders died cause lack of funds ?
BTC-Mining: What's up with puremining? There was already orders for over 0.0001
mircea_popescu: wasn't it supposed to be like 0.1 or so ?
mircea_popescu: meni rosenfeld ran off with teh asics ?!
Chaaang-Noi: yeah why is that selling over 1?
mircea_popescu: count me as one of those people
BTC-Mining: I think some people are confused...
mircea_popescu: they were the same day...
evoorhees: Today's MPEx theme is....
evoorhees: will ponder that mircea :)
mircea_popescu: evoorhees one ideea might be to introduce themed days. sorta like google
Luke-Jr: it really is tempting to double-spend SD sometimes
evoorhees: it will be kinda fun to just watch the page
evoorhees: it is dynamic - the stats and figures will update in real time as it's played
BTC-Mining: when does it gets launched by the way?
BTC-Mining: I wonder with the new design...
mircea_popescu: evoorhees your volume grew no matter what. if there was an ipo it grew, when btc went up it grew, it's a sickness.
evoorhees: this might be a fluke, but at least thus far, the rising price has not lowered the amount of BTC bet
evoorhees: John - thus far, when price rose from the $5's to the $10s and higher, SD volume actually grew nominally in BTC
MoneyIsDebt: I think it means foreskin
markac: mircea_popescu: "voorhees" (nl to en, translate.google.com)
markac: mircea_popescu: "voorhees" (en to en, translate.google.com)
markac: mircea_popescu: "evoorhees" (nl to en, translate.google.com)
mircea_popescu: i'd have to list more stuff ...
evoorhees: if SD maintained a leading position in the market, it'd be making FAR higher dollar amounts, but not necessarily higher BTC amounts
evoorhees: a world where btc is $1000 each is a world where the bitcoin economy is booming, tons of money flowing around
JohnSmith777: evoorhees: Will people bet less and less as the price goes up?
mircea_popescu: sgornick it's assbot not gribble and i dont think it does pms yet
JohnSmith777: evoorhees: Could a price of say $1000 a Bitcoin do damage to your IPO?
mircea_popescu: BTC-Mining i think it's the camera angle
BTC-Mining: No, those legs seems disproportionate with the rest of her body. That's some huge thights.
sgornick: Any way I can do !ticker in a PM w/ gribble to get that?
BTC-Mining: mircea... what the fuck...
evoorhees: it used to be
usagi: You need to be careful because some of these companies will do a deal with you with the intent to take you out
smickles: ;;later tell leotreasure http://www.bitbin.it/1MjtTyqg
evoorhees: but 5% will, and the system will grow and grow
evoorhees: 95% of their plans won't go anywhere
evoorhees: there's no monotonous plan that may fail.... but thousands of people working in different directions
evoorhees: it means we'll all try different things
mircea_popescu: thus erik is the key to our political future.
evoorhees: well in any case, inagi, it's good that people have a wide array of opinions on how to "advance" bitcoin
mircea_popescu: and in order to get whores on btc you need to get casinos on btc
mircea_popescu: i guess the day all whores take btc is the day corrupt politicians ask for btc
BTC-Mining: Only exchanges that want to deal BTC/Fiat get to do that
JohnSmith777: Then that's when things will get really big
BTC-Mining: But bitcoins company might not benefit that much from dealing with regulated markets directly
JohnSmith777: Make enough people in the real world dependent on Bitcoins
evoorhees: once the bridge is built, the better side of the bridge will be accessable
evoorhees: I'm don't think Bitcoin is as weak as you do
evoorhees: what's the warning exactly? That normal companies might try to harm Bitcoin?
evoorhees: we're not asking for your help in doing this, but I'm suprized at the antagonism
usagi: This isn't the first time I've seen this siruation repeat itself.
evoorhees: we're building infrastructure that is allowing the normal world economy to start merging into a Bitcoin world
evoorhees: I wasn't talking about SD
usagi: [08:44:56] <evoorhees> the marketing we're doing is business relationships being built with the normal world
evoorhees: they are different things
usagi: Cuz once they get their hooks in you, you're finished
mircea_popescu: had me kaibosh all sorts of otherwise good deals cause "not the right kind of attention"
mircea_popescu: <usagi> Build the wrong bridge and they'll seize your server << the guy is paranoid with publicity, let me tell you.
evoorhees: they should be worried about bitcoinworld "corrupting" theirs
usagi: For one, how are you going to explain that your company has sold a portion of itself on a virtual stock exchange? If you ever IPO'd for real or made a deal with a real world company those shares would become garbage
evoorhees: usagi - you fundamentally misunderstand the power of Bitcoin
mircea_popescu: <Luke-Jr> SatoshiDice is nothing but a DDoS attack on Bitcoin abusing gamblers to finance its attack :D
usagi: Neither are they won by making deals with the enemy
evoorhees: revolutions are not won by being timid and careful
evoorhees: well... I'm not going to stop moving forward with Bitcoin just because I might have big problems one day
usagi: If you include the value of your bitcoins in it you will have a big problem one day :)
mircea_popescu: <usagi> Why the hell are millions of shartes being created when each one is worth less than a penny << same reason billions of satoshis are created, neh ?
usagi: The very first thing they will do is establish a dollar value for your bitcoins
evoorhees: I'm happy to do the ground work
evoorhees: I'm happy to take on that risk, to keep making bitcoin bigger
usagi: But as soon as you start dealing with real world companies and lawyers you open yourself up to getting screwed in ways you can't imagine now
mircea_popescu: bitfoo the disadvantage is that any generated address you're stuck with forevar.
mircea_popescu: rdponticelli not everyone pays to the standard address. some people ask for separate ones, for w/e reason. sometimes there's compensations related to margins that don't even register on the blockchain. etc.
JohnSmith777: If it's in the US.
usagi: Build the wrong bridge and they'll seize your server
smickles: mircea_popescu: you can prolly ignore that bit about the deposits
usagi: the quickest way to kill bitcoin is to build bridges to the "real world"
mircea_popescu: dead been doing some more biz too
smickles: that 33313 was the last of teh 32's
mircea_popescu: o ya tis wiped huh
evoorhees: it doens't get seen in the forum
evoorhees: the marketing we're doing is business relationships being built with the normal world
JohnSmith777: Good to hear.